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Healthcare Graduate School Loans

We can help you get where you want to go, faster.

Get on the road to success with student loans to help finance your postgraduate education in healthcare.

Are you enrolled in a healthcare graduate program at one of our eligible schools?

Answer a few short questions to find out if your program qualifies you for a Laurel Road in-school student loan!

What are you studying in graduate school?

What school do you attend?

Are you an international student?

Do you have a cosigner?

How many years do you have left?

Field(s) cannot be left blank.

We're sorry, Laurel Road does not currently offer graduate school loans for your school and degree at this time.

Start Over

Why Borrow with Laurel Road?

Flexible Repayment

Multiple repayment options available.

Employment Discount1

0.25% employment discount available after graduation.

No Hidden Fees

No application or origination fees or prepayment penalties.

Nursing, PA, Medical, and Dental School Financing

Seamless online application.

Our secure process makes it quick and easy for you to validate eligibility, view rates, explore loan options, complete your application and ultimately fund your graduate education.

Flexible Repayment Options2

Full Deferment

You are not required to make payments while in school or throughout your grace period.

Flat Repayment

You’ll pay a flat $50 a month while in school and throughout your grace period.

Interest Only Repayment

You'll pay only monthly interest while in school and throughout your grace period.

Immediate Repayment

You’ll start making full payments right away.

5 year
7 year
10 year
15 year
20 year
Fixed APR
3.94% - 6.84%
4.25% - 7.15%
4.55% - 7.46%
5.00% - 7.52%
5.15% - 8.07%
Variable APR
3.94% - 6.69%
4.25% - 7.05%
4.50% - 7.36%
5.00% - 7.42%
5.15% - 7.97%

Eligibility and rates offered will depend on your credit profile and other factors. Rates in the above table assume a $10,000 loan and include a 0.25% discount for making automatic payments from a bank account. Variable APRs are subject to increase after consummation. View Payment Examples

Frequently Asked Questions

Frequently Asked Questions

  • Who is eligible to finance their in-school student loan with Laurel Road?

    U.S. citizens or permanent residents with a valid I-551 card (a conditional I-551 card will not be accepted) are eligible to finance student debts with Laurel Road. Students that have accepted an offer to enroll at least half-time or are currently enrolled at least half-time at an Eligible Program/School. Not all degrees are eligible at all schools.

  • Do I need a cosigner on my loan?

    You may not need a cosigner, but if you do not meet our credit criteria, a cosigner may improve your chances of being approved.

  • How are your loans different from federal government loans?

    While in some instances Laurel Road may provide more competitive rates and flexible terms and repayment options, it does not offer Income-Based Repayment and Loan Forgiveness options that may be available through federal Loans. Be sure to explore all options available to you including grants, scholarships, and federal loans. For more information about federal student loan options visit StudentLoans.gov.

  • How does the graduate loan financing process work?

    It’s pretty simple – the entire application is completed online. You will generally receive rates shortly after you complete your application.

    Fill out a short application with basic information about you, your loan, education, and cosigner if relevant. After you authorize a hard credit inquiry and have provided any supporting information requested, we will request cost of attendance information from your school, review your application, and we will provide you with a decision.

    If you are conditionally approved, you will be able to select your loan type and term, and accept and e-sign all necessary disclosures and your promissory note in the Laurel Road dashboard.

    The timing of your first payment to Laurel Road is dependent on the loan type you choose.

  • Who can I contact for help with my graduate school student loans?

    For questions about your graduate loan application in progress, Laurel Road Member Services is available 7 days a week, 7:00 AM – 11:00 PM ET. You can send our Member Services team a message by emailing us at help@laurelroad.com or by using the live chat function on our website. To speak directly with a Member Services representative, you can call us at 1-833-HCP-BANK (427-2265). Members using a TDD/TTY device, please use 1-800-539-8336.

    If your Laurel Road graduate loan has been disbursed, you should contact our loan servicing partner MOHELA at (877) 292-6845 (TTY: Dial 711) Monday – Thursday, 7:00 AM – 9:00 PM CT and Friday, 7:00 AM – 5:00 PM CT.

  • What is the minimum and maximum amount I can borrow with Laurel Road?

    The minimum loan size that you can borrow with Laurel Road is $5,000. The maximum loan size is the total Cost of Attendance (COA) with certification of enrollment, degree and graduation year from your school.


  1. If you successfully graduate from an eligible program at an eligible institution and provide us with acceptable documentation that you have graduated and accepted employment, your interest rate will be reduced by 0.25%. Employment does not need to be in your field of study to qualify. Any rate reduction will be effective only after lender has confirmed and approved eligibility for the rate reduction. If the interest rate is adjusted due to the Employment Discount, your required monthly payment amount will be reduced in the next billing cycle following confirmation of eligibility.
  2. When selecting a fixed, interest only, or an immediate repayment option, payment is required only after the final disbursement for loans with multiple disbursements. Interest that accrues and is unpaid between disbursements and during any deferment period, as applicable (including any interest that accrues in excess of required in-school payments), is capitalized at the beginning of the full repayment period.

This is not a federal student loan. The terms of this product may differ from terms available with a federal student loan. For example, this product does not contain special features such as income-based repayment plans. Also deferment, forbearance options, and loan forgiveness options may differ from those available for federal student loans, and privately-funded student loans are not eligible to be included in a Federal Direct Consolidation Loan. For more information about Federal student loan programs, please visit https://studentloans.gov.

Payment Examples

Fixed Rate In-School Loan Repayment Example
Term Full Deferral $50 Minimum Payment Interest Only Full Repayment
Min Max Min Max Min Max Min Max
APR 5 4.29% 6.84% 4.19% 6.76% 4.06% 6.65% 3.94% 6.54%
20 5.50% 8.07% 5.39% 7.97% 5.27% 7.86% 5.15% 7.74%
Monthly Installment Payment 5 $195.02 $213.66 $183.03 $200.91 $185.64 $198.46 $185.15 $198.04
20 $73.38 $92.44 $68.44 $86.45 $68.06 $83.85 $67.40 $83.16
Variable Rate In-School Loan Repayment Example
Term Full Deferral $50 Minimum Payment Interest Only Full Repayment
Min Max Min Max Min Max Min Max
APR 5 4.29% 6.69% 4.19% 6.62% 4.06% 6.50% 3.94% 6.39%
20 5.50% 7.97% 5.39% 7.87% 5.27% 7.76% 5.15% 7.64%
Monthly Installment Payment 5 $195.02 $212.55 $183.03 $199.85 $185.64 $197.70 $185.15 $197.28
20 $73.38 $91.66 $68.44 $85.71 $68.06 $83.21 $67.40 $82.52

Assumptions: All repayment examples assume the student loan borrower is enrolled in an eligible program at an eligible school; the student loan borrower will successfully complete an expected 24-month in-school period followed by a 6-month grace period; a certified loan amount of $10,000 disbursed in two equal $5,000 amounts four months apart; and a 0.25% discount for making automatic payments from a bank account during periods where payment is required.

Month Installment Payment: This term represents the fully amortizing payment billed monthly to the borrower during the repayment term.

Annual Percentage Rate ("APR"): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the 30-day Average Secured Overnight Financing Rate (“SOFR”) and changes in the SOFR index may cause your monthly payment to increase. Borrowers who take out a loan of any term will have a maximum interest rate of 12%. There is no limit on the amount your interest rate can increase at one time. The Index is currently published by the Federal Reserve Bank of New York (“New York Fed”). If the Index is no longer available, it will be replaced by a replacement Index according to the terms of the promissory note.

Automatic Payment (“AutoPay”) Discount: Following final disbursement during periods where payment is required, the AutoPay discount of 0.25% will apply if the borrower or co-signor chooses to enroll in and successfully makes scheduled payments automatically from a bank account via the Automated Clearing House (“ACH”). The automatic payment discount will be removed if you cease making automatic payments via ACH or if Laurel Road cancels your AutoPay authorization due to returned payments, delinquency, forbearance or otherwise. Discount not available during periods of deferment when no payment is required. The 0.25% AutoPay discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Student Repayment Options: Student borrowers can select one of four available Repayment Options that determine the required payment amount, if any, while the student is enrolled. The Repayment Options include: (1) Full Repayment, (2) Interest Only, (3) Flat Payments, and (4) Full Deferral. For loans with multiple disbursements payment is required only after final disbursement when selecting flat, interest only, and immediate repayment options. You can reference our FAQs for more details on each Repayment Option.

Graduate Loan – Eligibility & Additional Details


Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 form ("permanent green card") at application. Permanent resident alien applicants will need to provide copies of the front and back of their permanent green card for approval. Conditional green cards will not be accepted. Borrower, and Co-signer if applicable must also state that they are of at least borrowing age in the state of residence at the time of application; enrolled in good standing on at least a half-time basis (as defined by the eligible institution) in an eligible program at an eligible institution, and meet Lender underwriting criteria.


There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.


This information is current as of July 26, 2021. Information and rates are subject to change without notice.